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May 17, 2023 | Revolving Door Project Newsletter
Progressive Counteroffers to Manchin’s Dirty Deal, Debt Ceiling Edition
Manchin’s dirty deal is back on the table, again, according to coverage of the play-by-play of Biden and congressional leaders’ not-not-negotiations over raising the debt ceiling. Whether or not Manchin’s proposal gets packaged with a debt ceiling deal, it seems the question is when, not if, it gets taken up. That’s due in large part to Biden and Schumer’s unjustifiable fealty to Manchin, the administration’s chief saboteur, whose latest pledge is to block all of Biden’s EPA nominees.
May 17, 2023
Executive Branch Agencies That Protect Americans From Corporate Abuses Need Robust Funding, Not Cuts
With executive branch agencies under renewed attack as President Biden negotiates with the GOP, we revisit our research on government capacity.
May 17, 2023
Coinbase Spins The Crypto Revolving Door
Coinbase’s establishment of a new advisory council comprising former members of Congress is the latest example of the crypto industry’s embrace of Washington’s revolving door.
May 15, 2023
Biden Will Show He Can Be Bullied If He Caves To Republican Debt Demands
“GOP leaders have sent a wildly exploitative ransom note to the public. The administration should not accept its terms.”
May 12, 2023
The Right And Wrong Ways To Interview Elite Economists
May 12, 2023 | The American Prospect
Will Dem PR Flacks Help Studios Crush Striking Writers Again?
How two ‘Masters of Disaster’ helped Hollywood execs break the last writers strike
May 10, 2023 | Revolving Door Project Newsletter
The GOP Budget Plan Would Ruin Millions of Lives
There are a lot of things you could say about the GOP’s proposed plan to reduce the deficit. But if we want to be more expansive than just calling it “batshit crazy” and washing our hands of the whole clown show, as we think Biden can and should, then we could point out that the GOP plan is an expression of profound hostility to the idea of a federal government that serves anyone besides war profiteers.
May 10, 2023
What The SVB Collapse Says About Crypto’s “Most Stable” Stablecoin
The March 2023 collapse of Silicon Valley Bank (SVB) — aside from foregrounding the hypocrisy of neoliberal pundits and libertarian venture capitalists alike — spotlighted the instability of the cryptocurrency industry’s most ostensibly stable offering. Hidden within the uncertainty of SVB’s fate following a $42 billion withdrawal frenzy was a similar crisis of confidence for Circle Internet Financial and its stablecoin, USD Coin (USDC).
May 09, 2023 | Common Dreams
Not Every “Former Antitrust Official” Is a Neutral Expert
The Federal Trade Commission (FTC) and DOJ Antitrust Division have long served as an essential stop for antitrust experts looking to maximize opportunities, influence, and compensation at BigLaw firms and monopolistic corporations. By spending some time learning the ins and outs of government investigations and enforcement efforts, revolvers are seen by potential corporate employers to be better equipped to assist corporations in antitrust lawsuits against their former government employers.
May 05, 2023
The Pro-Powell Camp Was Completely, Disastrously Wrong
May 03, 2023 | Revolving Door Project Newsletter
On the Debt, Biden Has No Choice But To Make One
On Monday, Treasury Secretary Janet Yellen shortened the estimate of when the U.S. could default on its debt to as soon as June 1. We’re less than a month out from the so-called X-date: the day that the federal government runs out of cash. President Biden has invited House and Senate leadership to the White House to talk debt this coming Tuesday, with highly uncertain results.
May 02, 2023
DOJ IN THE NEWS: Early May Trends
This is the latest installment of a new biweekly blog series from RDP. Every two weeks, we call out ongoing trends in media coverage of the Justice Department’s focus and priorities, giving context from our past DOJ oversight work as needed, with an eye to the impact of DOJ capacity and resources, as well as alignment with the Biden administration’s professed goals.
April 28, 2023
While Thorough, Fed Report Refuses To Name Names On SVB Failure
One glaring blind spot does jump out: the complete absence of the names ‘Quarles,’ ‘Barr,’ ‘Powell,’ or any other actual member of the Federal Reserve Board of Governors from the main text of the report.”
April 28, 2023
New York Times Lets Trump Alumni Test-Drive Antitrust Arguments
April 27, 2023
CFPB To Tenants: We’ve Got Your Back
Biden’s best regulator takes aim at one of the biggest barriers to accessing rental housing.